ACCO Brands Announces Change in Board of Directors.

LINCOLNSHIRE, Ill. -- ACCO Brands Corporation (NYSE: ABD), a world leader in select categories of branded office products, announced today that Forrest M. Schneider has resigned from its board of directors.

Mr. Schneider is president and chief executive officer of Lane Industries, Inc. Lane Industries was the principal shareholder of General Binding Corporation, which merged with the former ACCO World subsidiary of Fortune Brands, Inc. in August, 2005 to create ACCO Brands Corporation. Over the past 14 months, in a series of transactions, Lane Industries has reduced its holdings in ACCO Brands to approximately 5% of the company's outstanding shares. Given Lane Industries' reduced ownership stake, Mr. Schneider has advised the company that he now wishes to focus more of his activities on Lane Industries' other business interests.

"We are grateful for Forrest's significant contributions to ACCO Brands Corporation and for his previous service to General Binding Corporation, where he served as a director since 2000," said David D. Campbell, chairman and chief executive officer. "Forrest's counsel was particularly valuable during the initial stages of our merger integration process. We wish Forrest and Lane Industries well as they pursue new initiatives."

With the resignation of Mr. Schneider, the ACCO Brands board will have eight members until a search to replace Mr. Schneider is completed.

About ACCO Brands Corporation

ACCO Brands Corporation is a world leader in select categories of branded office products, with annual revenues of nearly $2 billion. Its industry-leading brands include Day-Timer[R], Swingline[R], Kensington[R], Quartet[R], GBC[R], Rexel[R], and Wilson Jones[R], among others. Under the GBC brand, the company is also a leader in the professional print finishing market.

Forward-Looking Statements 

This press release contains statements which may constitute "forward-looking" statements as that term is defined in the Private Securities Litigation Reform Act of 1995.

These forward-looking statements are subject to certain risks and uncertainties, are made as of the date hereof and the company assumes no obligation to update them. ACCO Brands' ability to predict results or the actual effect of future plans or strategies is inherently uncertain and actual results may differ from those predicted depending on a variety of factors, including but not limited to fluctuations in cost and availability of raw materials; competition within the markets in which the company operates; the effects of both general and extraordinary economic, political and social conditions; the dependence of the company on certain suppliers of manufactured products; the effect of consolidation in the office products industry; the risk that businesses that have been combined into the company as a result of the merger with General Binding Corporation will not be integrated successfully; the risk that targeted cost savings and synergies from the aforesaid merger and other previous business combinations may not be fully realized or take longer to realize than expected; disruption from business combinations making it more difficult to maintain relationships with the company's customers, employees or suppliers; foreign exchange rate fluctuations; the development, introduction and acceptance of new products; the degree to which higher raw material costs, and freight and distribution costs, can be passed on to customers through selling price increases and the effect on sales volumes as a result thereof; increases in health care, pension and other employee welfare costs; as well as other risks and uncertainties detailed from time to time in the company's SEC filings.